The Central Bank of Luxembourg (CBL) is in charge of collecting data and statistics from Luxembourg financial services and institutions. Along with the adoption of new rules in 2014, amending the CBL regulation of April 2011, many entities have to deliver a monthly report to the Central Bank of Luxembourg.
For the uninitiated, it may be complicated to navigate through the codifications and terminologies to be used. In order to fill-in and file accurate reports, mastering the above-mentioned rules are essential.
Duraton: 4h
Language: Available in English
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Objectives
By the end of this training, participants will be able to:
- better understand the background of the Central Bank of Luxembourg reporting obligation;
- understand all the codes used for the classification, the accounting framework to be used or how to properly split the information in the trial balance to ensure a good reporting;
- prepare CBL reports on a simple holding company.
Content
- Origin and objectives of CBL reports for financial companies
- European framework
- Luxembourg framework
- Scope of CBL reports
- Which financial companies are in the scope?
- Exclusion rules
- Focus on S.b.S and S.2.16 CBL reports
- Security by Security report ("S.b.S")
- S.2.16 report
- Practical cases
- Preparation of S.b.S
- Preparation of S.2.16
Target audience
All practitioners involved in the preparation/review of CBL reports, both beginners or more experienced professionals willing to improve their knowledge on specific treatments.
Our lead experts
This training is coordinated by Damien Brunet, Director and delivered by Grégory Beauchesne, Senior Manager at PwC Luxembourg.
Damien is a director in the accounting and tax compliance practice of PwC Luxembourg and the coordinator of the Luxembourg technical accounting group where he deals on a day-to-day basis with complex Lux GAAP transactions. He is also responsible of the e-accounts solution, a PwC’s online tool for the preparation and filing of annual accounts. He is CCA (Certified Chartered Accountant) in Luxembourg and chartered accountant in France. He is also the president of the training’s commission at the OEC.
Grégory is a senior manager in the tax management and accounting services department where he specialises in the preparation of financial statements and tax returns for international structures and operational companies.
Grégory is also member of the accounting technical team - Lux GAAP at PwC Luxembourg, where he deals on a day-to-day basis with accounting technical issues.
